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FOX News
Dec 3, 2012 1:00pm PST
reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>neil: and if republicans thought there was wiggle room in the white house tax position no less than treasury secretary geithner put that to rest. >> rates and revenues, tax rates, tax rates, tax rates. higher rates. rates go up. tax rate increases. higher rates. rates will we have to go you. rating rates. tax rates going up. >>neil: we will have a quiz. what was he saying? a lot? that is the administration's way saying tax rates or take a hike. >>guest: the president is in an ideological position and geithner who is famous for not paying taxes is perfectly happy to carry white house water on capitol hill and on the tv shows and this, really; a big fight.
FOX News
Dec 5, 2012 6:00pm PST
, quote, absolutely go over the fiscal cliff which would trigger tax cuts and spending increases unless taxes increase on the top two percent of wage earnings. >> i want you you to understand when it comes to raising taxes on the wealthy. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthy. >> all right. it appears the very definition of the american dream is now being rewritten by president barack obama. now, today our commander-in-chief publicly said he's not going to play games with the fiscal cliff, but that is just not reality. right now the president is playing a very dangerous game of chicken and this is with your paycheck and the american dream. meanwhile, the republicans have allowed themselves to get caught in a circular firing squad. they're negotiating publicly among themselves while true conservatives and tea party members are being removed from key committees. today speaker john boehner adopted the
FOX News
Dec 1, 2012 8:00am PST
real estate in the baltimore-washington area. >> i am not sure with what will happen on the tax treatment of that stuff. i long it for long-term fort foalos. david asbin is coming up on forbes on fox. you are watching all things news. you are watching fox and now dave and now. well, liberal are fanning in america today pushing the president's agenda for tax increases with few if any spectaculars about spending cuts. many of these are specific about what they don't want cut and don't touch entitlement spending echoed by democraticic lawmakers. >> i think social security should be taken off from the table. >> moment yoize social security or voucherize medicare or block grant medicaid you lose us. >> but the new forbes report showing that more people in the states are taking money from the government than the private sector, can our nation afford a deal that doesn't put so-called entitlements on the table. i am dave. we'll go to. mike, to you. we have to put entitlements on the table? >> for the sake of the over all economy we must put enments on the table. over the last four years
FOX News
Dec 6, 2012 6:00pm PST
said he would rather go over the fiscal cliff than not to raise tax rates. so obama pushing higher taxes on the top 2%, not for economic reasons but for i'd logical reasons but there is also this obvious fact. obama wants to raise the top rates for political reasons. now that is he wants to force republicans to raise tacks in order to trigger a civil war within the gop and the conservative movement, and in that respect sadly obama is having some success. now so long as this debate is focused not on cutting spending but on raising daxs and revenues with the only question being which taxes, how much revenue, then obama wins. now if obama succeeds in making the argument not about his spending, but about grover norquist, he wins there, too. for republicans, on the other hand, if they can figure out a way to refocus the debate on spending, they win and the country wins. we can't kid ourselves that's correct is not easy to do. obama has the biggest microphone in the land and he also has the media in his hip pocket. all the gop has is control of the house. now it's very hard, it's inheren
FOX News
Nov 29, 2012 6:00am PST
said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt ceiling negotiations. >> we've seen some positive developments in the last several weeks, in terms of what republicans have been saying about the need for revenue as part of a balanced package. the president will continue to make the case that that is essential. >> reporter: so both sides saying revenue is on the table, now the fight is obviously to figure out where it's going to come from, how the government is going to make more money. democrats want it to come from increased tax rates on the rich, republicans would prefer to make that extra money by reforming the tax code and entitlements. bill: how
FOX News
Dec 6, 2012 3:00pm PST
." ♪ ♪ good evening >> good evening. i'm bret baier. much of the public debate focuses on taxes. democrat want to raise them on high earners. republicans don't. but there is another part of the equation that gets less attention. that is spending cuts. chief white house correspondent ed henry looks in to that tonight. >> reporter: pulling on the heart strings as if he were back on the campaign trail, president obama visited middle class family in virginia. >> a couple of thousand dollars means a couple months' rent for this family. >> once again, he was trying to frame the battle oaf the fiscal cliff as being all about taxes. with no mention of spending cuts. >> i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. that is good for the american economy. >> republicans believe the reason the president is going light on spending cuts and demanding the budget deal include another increase in the nation's debt ceiling is clear. >> this isn't about
FOX News
Nov 30, 2012 3:00pm PST
the g.o.p. lawmakers to accepting the tax hikes now. >> i miss visiting towns like this. >> president obama got his wish, rather than negotiating with republicans he was hamering them. back on the campaign trail in a factory that makes angry bird toys. >> it's not accept to believe me and i don't think it's acceptable for you for republicans in congress to hold middle class tax cuts hostage because they don't want the tax rates on the upper income folks to go up. >> within minutes, john boehner fired back the talks are on life support. >> let's not kid ourselves. >> boehner ripped the president for sending treasury secretary ti tim geithner to capitol hill with a proposal that led mitch mcconnell literally burst out laughing. >> the white house took three weeks to respond with any kind of proposal. and much to my disappointment, it wasn't a serious one. >> their beef is the president campaigned on $800 billion in tax increases by ending the bush tax cuts for the wealthy. but is now proposing double that. $1.6 trillion. by adding tax hikes on dividends and capital gains. plus, the whit
FOX News
Dec 2, 2012 7:00am PST
: here is what has the speaker flabbergasted. the white house would like to raise tax rates on top earners to where they were in the clinton administration, 39.6%. they would also like to raise $1.6 trillion with new taxes over the next decade, while cutting about $400 billion through entitlement reform. although, those cuts are not specific and not guaranteed. but the treasury secretary says the administration's plan is fiscally responsible and would prevent taxes from going up on 98% of americans. >> we think that is a very good set of proposals. we think it's good for the economy. if they have different suggestions they want to go further in some areas, then they should lay odds with us. >> reporter: secretary geithner said he cannot promise we will not go over the fiscal cliff and whether or not we go over it depends -- is a decision, rather, that lay in the hands of republicans that don't want to increase tax rates. speaker boehner said there is a chance we go over the cliff, but he doesn't want any part of that and he will do everything he can to avert that. eric, jamie? >> e
FOX News
Dec 4, 2012 7:00pm PST
this to me. the president wants a certain amount of revenue from taxes on the rich, right? >> yes. >> the republicans said okay, we'll give you that certain amount of ref knew, and do it on the rich, but the way we'll do it on the rich is deductions and closing loopholes that impact only the rich. >> right. >> to the president gets the same amount of money, he gets it from the same people, but rather than raising taxes, the republicans say we're going to do it this way, and he says no. why does he say no to that? it's the same money from the same people giving it up. >> yeah. i think he's saying no because he likes the deal that he has in place. >> it's the same amount of money. >> no, no. >> the same people. i mean, it's the same revenue and it's from the same people. >> the reason i think he's saying no, and i think he will say no to just about anything the republicans put forward is because the fall back position is better for him than any deal that the republicans are going to put forward. the fallback position is a tax increase on everybody and back to where prebush tax cuts,
FOX News
Nov 29, 2012 1:00pm PST
sending a stern message to the g.o.p. do not do not do not think of hiking taxes. welcome, everyone, i am neil cavuto. today the democrats are gloating. republicans are the ones who are cracking on tax cuts. >>guest: i am glad some reasonable republicans are breaking from the pack. >> congressman cole represented a watershed, we are happy with any rationale that helps republicans accept de-coupling of the bush tax cuts. they seat handwriting on the wall. >>neil: chuck could be happy but conservatives not and they are warning republicans who vote to hike should take a hike. chairman of "for america" said in a letter he will make it his mission to ensure every conservative donor gives not one penny to the republican party or any member of congress. that votes for tax increase. and senator demint echoing that warning lawmakers could face conservative challengers if they hike taxes on anyone. and the conservative rage is very real according to our guest. >>guest: it is very real. i don't know what planet shuck schumer is living on but republicans are mad about the election. the threat i
FOX News
Nov 30, 2012 2:00pm PST
tax cuts hostage because they don't want tax rates on upper income folks to go up. >> let's not kid ourselves. i'm willing to move forward in good faith. our original framework still stands. >> andrea: the republican leader mitch mcconnell said he burst in laughter when tim geithner outlined the president's plan. what's next? rush limbaugh and charles krauthammer want republicans to walk away and let obama own the mess. >> the best thing to do is back out of this and let obama and democrats have it and do what you want to do. that will happen anyway. i don't know about you, i don't want my fingerprints on this. >> this is almost unheard of. what do they expect? they think the republicans will cave on everything. i think republicans should walk away. >> eric: so on tuesday, i remember -- >> andrea: i floated the idea and i said why can't republicans vote present? let obama have his bill or not show up. a lot of members wouldn't show. they would book dentist appointment or pull a hamstring and let him get his way and own the fiscal cliff debacle. >> eric: it's not a bad call. this cou
FOX News
Dec 1, 2012 8:30am PST
can give you reasons to deal with that. yes, raise taxes and you can cut spinding automatically. if i were president and i said to everybody. take a 10 percent cut off of the top. i don't care how you get there, do it. >> i want to bring in john layfield again. i want to go back to his point. i agree with you. that the states who are about to get socked with obama care are going to neeled the revenues moving forward and this would be horrible for the statings. if all of the millions they are pulling in are taken away. >> i disagree with my friend tracey. people are going to choose. if they have i think that is it going to go. unlike the federal government. you take away the lotto money. first thing they will do they cut employees . it is it state government and federal government funded by the lottery. there is a defense between taxes that are forced and lottery which is it. >>> and i think the point. >> there is no way. if you make it voluntary. >> i can't hear anybody! >> and the bigger point here, you got to start somewhere. anybody who comes wup a solution. if it doesn't cover t
FOX News
Dec 5, 2012 3:00am PST
republicans agree to increase the tax rates. so what was on the paper yesterday was the idea to still increase revenue without increasing the actual tax rate by getting rid of the deductions and loop holes. that is not acceptable . it au pairs a hard line stance now and the meetings are off. >> brian: they talked about a two-step process. maybe we can leave the tax rates except the horrible people that make a lot of money. leave those tax rates in place and do the hard stuff in the second half . year and of course, we have the, the debt ceiling that has to be raised in a month. if the president gets his way and forces the hand of republicans to accept something they will not forget that and he will have another battle with the republicans when the ceiling has to be raised. the president is indicating to some that there is wiggle room from 35 to 39 percent and willing to accept 39 percent. >> steve: and in the jack kemp awards dinner. we saw two faces that could vy for the republican nomination in 2016. paul ryan and marco rubio. they were there to challenge what the president is askin
FOX News
Dec 6, 2012 1:00pm PST
. super hero fix number seven, after you are done raising taxes on the rich, how about raising the overall tax base. encouraging a simple and fair tax code that gives all-americans a stake at the game and likely a greater interest in the game. i myself like a flat tax or a fair tax. just not this tax nest we have right now. i say set three different rates. as you go up the income ladder there are fewer writeoffs and more pro -- progressive. commit to doing all of this. sign in your own blood. you are out, you are fired on the spot. your word will be your bond. you don't honor it, your fan knee will be out the door. politicians, what i am telling you is stop acting -- start acting like a super hero. start thinking about the citizens of got them and -- gothem and america who counts on you. the red phone is ringing. >> i regret to say, sir, batman and robin are not at present available. >> what? surely you must be jesting. >> uh lass, sir, i am not. batman is enjoying one of his infrequent vacations. >> do you want to let america and the world down? that's not what super heros do. tha
FOX News
Dec 3, 2012 6:00pm PST
administration's plan. the g.o.p. proposal does not include a tax increase on the so-caldwell thee but does contain $800 billion in revenue through tax reform, another $600 billion in health savings and much more. all told, the net savings amount to around 2.2 trillion dollars. the white house responded to this letter by saying that the president is, quote, willing to compromise but not on the subject of making job creators pay more in taxes. however, what our tax and spend commander-in-chief fails to understand is that putting money into the hands of you, the american people, is the single best way to spur economic growth, and it's not just people like ronald reagan who understand this principle. bill clinton famously said the era of big government is over and the end of wel welfare as we know it. why? because government is not the answer. government is the problem. there was that other iconic democrat, the one that occupied the oval office in 1962. he spoke of the benefits of cutting taxes. president obama, i hope you're watching this. >> this can be the most important step we co
FOX News
Dec 2, 2012 12:00pm PST
? and ahead of january's big tax hikes, companies and investors are cashing out, including one of president obama's biggest supporters. plus as susan rice makes the rounds on capitol hill, we will look at what could make up the national security team in president obama's second term. >> i am ready and willing and able and excited to go ahead and get this issue resolved in a bipartisan fashion so american families, american businesses have some certainty going into next year. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. going over the fiscal cliff is serious business and i'm here seriously trying to resolve it, and i would hope the white house would get serious, as well. >> welcome to the journal editorial report. i'm paul. not exactly a meeting of the minds this week between president obama and house speaker john boehner on just where talks to end the fiscal showdown stand. the president, for his part, took his case to the public and repeated his call for a tax hike on upper income americans but made little mention of cuts
FOX News
Dec 6, 2012 1:00am PST
paying higher taxes. and charlie brown kicked to the cush -- curb in arkansas by a pastor. >> everything i do turns into a disaster. >> oh, good grief. >> bill: caution, you are about to enter the no spin zone, the factor begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. no talking points memo this evening because we have two very important interviews to conduct here. in just a few moments senator marco rubio in first post election chat and boy do i have some questions for him. first the lead story, bob costas as we reported last night the nbc sportscaster has created a storm of confusion. last sunday night during a national football game, he delivered a commentary at halftime condemning what he calls the gun culture in america. some folks got angry because they felt costas was attacking the second amendment. mr. costas denies that and he joins us now. >> hi, bill. >> bill: first up, how do you feel about the right to bear arms? >> obviously americans have a right to bear arms. i'm not looking to repeal the second amendment. i haven't immers
FOX News
Dec 4, 2012 10:00am PST
the irs is about to hit millions of americans with new taxes to pay for the health care law. the new taxes hit certain people's investment income, capital gains and dividends, and they also impose a new income tax separate and apart from the one you already pay. joining me now, the president of the american commitment, and he's been joining us on the health care law for months now. phil, this is very interesting because we had the supreme court rule that obamacare was a tax, and there was a debate about whether it really did impose new taxes or not. it's very clear the so-called rich in this country, people who makeover $250,000 as a family or $200,000 as individuals, are going to have their investment income hiked irrespective of any fiscal cliff talk. this is all thanks to obamacare? >> yeah, that's exactly right, megyn. there was a surtax in the health care law, supposedly to pay for medicare, but they raised it -- they raided the money out of medicare before it even arrived to pay for the new obamacare spending. it's 0.9% additional medicare tax on wages of high income earner
FOX News
Dec 4, 2012 9:00pm PST
there to cult spending and impose his tax hikes. all of this has a growing number of lawmakers now openly suggesting that the country may see -- the president may secretly want the country to fall off the fiscal cliff. earlier today our hannity cameras caught up with a senator from wisconsin on capitol hill. >> it's increasingly clear to me that the president is very willing to go over the cliff. i think he ought to be spending more time listening and less time lecturing. the president seems to be just fixated on increasing tax rates even though they may hurt the economy and i'm concerned if we go over the cliff, that what we're going to see is unemployment back above 9% and we'll see, you know, a country where we're in a second recession. >> all right. the senator is absolutely right. what we heard from president in recent days amounts to nothing more than con descending lectures. in fact, he sounds like the same hyperpartisan canada that we saw on the campaign trail, you know, the one that worked tire leslie to demonize success. the president appears to have a out right unhealthy
FOX News
Nov 28, 2012 9:00pm PST
whether it includes tax hikes. as you just heard from the republican leadership they're offering up real solutions on how to avoid falling often the so-called fiscal cliff. the president however still thinks he's out there on the campaign trail, in fact using the exact same class warfare that we all grew accustomed to during the election. instead of offering up a single suggestion on how to cut spending or agree to any sort of meaningful entitlement reform, he's trying to finis frighten ye american people, that there's no other alternative other than raising taxes. watch. >> the place where we already had complete agreement right now is on middle-class taxes. as i've said before, we've got two choices. if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. >> sean: before president, if you don't lead, continue to do nothing, america's debt could continue to rise and we could easily hit $20 trillion in the coming years. i doubt very much that you need to be reminded that $6 trillion of that debt was tacked on under yo
FOX News
Dec 2, 2012 3:00am PST
middle tax cuts hostage simply because they refuse to let the tax rates go up on the wealthiest americans. >> the republicans call this a bait and switch. >> alisyn: we'll debate. >> dave: one massachusetts town rolling out the welcome mat to long islanders for christmas tree lighting after the they refused to budge on the holiday event. the p.c. please. >> should you tip your garbage collector or how about your child's teacher? we have tips for tipping or the barista at starbucks. >> dave: no! sorry, ladies and gentlemen. >> "fox & friends" begins right now. ♪ >> are you supposed to tip the teacher. >> dave: some are, some are not. >> you want to err on the side of tipping and is it too much. do you tip the garbage man or the postal employee. you leave a bunt cake outside. >> alisyn: yes, money. they want money. >> dave: we'll get into it later, but it's tough because it used to be you tip someone for extraordinary service. >> alisyn: right. >> dave: now you just tip someone please. >> alisyn: so they don't egg your house, that's why you're tipping. >> and go to ff weekend an
FOX News
Nov 28, 2012 5:00pm PST
. >> gangnam style. >> there is a lot to be said for a wealth tax and especially a concrete wealth tax. >> bill: far left beginning to push for wealth tax that means the feds would confiscate private property. this is being kept very quiet but tonight you will hear all about it? >> gay marriage or accepting immigrants. >> you are absolutely right. they don't want to believe it's time to change it. >> rhode island governor chafee saying he will not save christmas because the times are a changing. we sent jesse wawfortsz -- watters up to rhode island to find out what the heck is going on. >> isn't it discriminating against christians by calling it a holiday tree? >> caution. you are about to enter the no spin zone. the factor begins right now. >> bill: i'm bill o'reilly, thanks for watching us tonight. america need leaders. in order to turn the country around -- and boy do we need that -- good leadership will have to step up. that means politicians who put you ahead of their own welfare. elected officials who are honest, intelligent and daring. we need that kind of leadership. it's one o
FOX News
Nov 29, 2012 12:00am PST
taxing the rich help the sich? did you get that? that was for situation. warren buffet was on something called "the today show." he said the strategy behind his desire to bleed bucks from his billionaire buddies is how great it will make people earning under $250,000 feel. have a listen, listen havers. >> bottom line, would raising taxes on the wealthiest americans have a chilling affect on hiring in this country? >> no. i think it would have a great affect in terms of the morality of the -- the morale of the middle class who have seen themselves paying high payroll taxes and watch guys like me paying a rate that is below that paid by the people in my office. >> was some old guy talking? meanwhile in england we are seeing what happens when you take from the well to do. 16,000 people declared an annual income of 1 million pounds. that number dropped to just 6,000 after the prime minister introduced a 50% top rate of income tax. it is believed many rich brits moved abroad and taking flight to avoid the government bite. for more, let's go live to "red eye" senior business corresp
FOX News
Dec 1, 2012 9:00am PST
over the fiscal cliff. republicans are urging the republicans to stand against the tax increase. we are 30 days from going over the fiscal cliff . both sides are pointing fingers and blaming each one for the stalemate. but the real losers is you and me, the american taxpayer if the taxpayers can't come to a compromise. steve has more on the part of the grid lock. >> hi, uma. one month away from the critical deadline and there appears to be very little movement to a deal. the president is using the bully pulpit and appeal to the american people and pushing to extend the bush era tax cuts but those making $250,000. a year. democrats want high tax rates for the wealthy. the president stressed the urgency of the situation in the radio address. >> if congress does nothing. every family will see the income taxes go up in the beginning of next year. a family of four will see income taxes rise $2200. we can't let that happen. our families can't afford it and neither can our economy. >> but republicans say the president should quit his campaign mode and come home and take care of business. t
FOX News
Dec 1, 2012 8:00pm PST
january's big tax hikes, companies and investors are cashing out. including one of president obama's biggest supporters. plus, as susan rice makes the rounds on capitol hill, we'll look at who could make up the national security team in president obama's second term. ♪ >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses, have some certainty going into next year. >> i'm disappointed in where we are and i'm disappointed in what's happened over the last couple of weeks. the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any final deal. wall s
FOX News
Dec 2, 2012 12:30pm PST
agreements on taxes and fiscal spending, they get the full media treatment as the press try to pin the blame on the g.o.p. is it working? details next on news watch. okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with speci perks on united. get it and you're in. why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a dry mouth sufferer doesn't have to suffer. i would recommend biotene. the enzymes in biotene products help supplement enzymes that are naturally in saliva. biotene helps moisten those areas that have become dry. those that are suffering can certainly benefi
FOX News
Nov 29, 2012 6:00pm PST
made his plan to avert the fiscal cliff very clear. he wants to raise taxes now. and, by the way, he'll get back to us with how exactly he intends to cut spending later. that's why speaker of the house john boehner told reporters no substantive progress has been made. president obama has no interest in reducing the size of the federal government. now democrats before him he's dangling the prospect of future budget cuts in the hopes republicans will take the bait. with that in mind, it's important to remember the words of president ronald reagan, he wrote them in his own autobiography, and described in great deal a deal he struck with the democrats in 1980s, promising $3 in spending cuts for every dollar in a tax increase. reagan wrote, the democrats reneged on their pledge and we never got those cuts. perhaps that's why some on the right are calling foul on these negotiations. >> the only secret talks have revealed, a government that skips from one crisis to the next. all of this secrecy allows the president to petition himself frankly and being in favor of a balanced plan. that's what
FOX News
Dec 3, 2012 10:00pm PST
president obama's plan, proposing raising $800 billion from tax reform, not higher tax rates. but the white house immediately slammed the offer and said it won't even consider it. tonight, speaker boehner's response to the white house response, saying it's up to the president to come up with a plan. allen west is here. good evening. >> good evening. >> your thoughts, apparently the white house is unimpressed with the proposal by the speakert and white house republicans? >> i think the white house needs to do case studies, calvin coolidge and president john f. kennedy, when you look at what they did with lowering tax rates and increase revenues. calvin coolidge went from 73% to 24%. john f. kennedy from 91% to 71%. they increased revenues. we are not talking about what the president is looking at with his wealth redistribution, we are talking about wealth expansion, economic growth and sound policies to do that. if you want to continue to believe that $250,000 makes someone rich, you are going to crush the small business owners who run at subchapter "s," llcs and we are talking about c
FOX News
Nov 28, 2012 10:00pm PST
economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i understand it, i understand the broad principles, but i don't have the nuts and bolts of it. and i hear the president say he's ready, willing and excited to have bipartisanship, but i don't know what his plan is either. >> again, his budgets, four budgets, yet to propose a solution to save social security or medicare. can't even get democrats or house senators to vote for his plan. we haven't seen his plan. that's a real tragedy. the president, it's incumbent on him. he won, time for him to govern, show the american people his balanced plan. he talked about it all the time. we know where he wants to increase revenue. he raised revenue about $75 billion, but where's he going to get the other 93% of deficit reduction? really what is his plan for restoring growth to the economy? miserable economic growths under his policies. >> greta: we're running out of ti
FOX News
Dec 1, 2012 3:00pm PST
hit by huge tax hikes and spending cuts. finding out where the negotiations stand. >> rick: plus, talk of a republican rebound, we'll speak with some young party leaders who are very enthusiastic about the future and we'll ask them how they plan to prove the republican party is a party for everyone. >> arthel: and as the holidays draw near, we check in on the victims of hurricane sandy. how they're surviving, plus an international story of americans who know all too well what they're going through and are now lending a helping hand. >> rick: we begin with a fox news extreme weather alert out of northern california. they're now being slammed there by another in a series of severe storms that have already killed one person. the region already dealing with flash floods, mud slides, downed trees, power lines. people there say they've never seen anything like it. >> i haven't seen this in many years. this much water running through my property. that water runup should not come on our property. they have to have holding ponds or some sort of drainage in place to divert or what have you
FOX News
Dec 7, 2012 1:00pm PST
percent and the chance of the fiscal cliff and higher taxes killing the economy is probably 50 percent and, yes, you are right, we are still not fixing the problem or coming to a solution. one thing, remember, when we had the problem with the debt downgrade and the different talks a year ago? there were the scare tactics from washington about what would happen to interest rates, and what would happen to social security, and interest rates went down, people got their checks and everything was fine. >>neil: i am reminded of the words of the apollo 13 command other, can you not fake the magnitude of a disaster but washington can paper over a problem with cuts that are not real, and revenues that may not be what they appear to be, so, the fear is the same, it is presenting something that ultimately markets will not buy and people will not trust. >>guest: that is right. and, also, put in the notion it has to be done in the next three weeks or else, and look what has happened with the debt numbers. the nones are absolutely out-of-control. it will be over $20 trillion here in the next
FOX News
Dec 1, 2012 7:00am PST
current system and waiting to fix it later. yeah, no one wants higher taxes, but we're not in a deep reception right now. we absolutely are going to die if things start to change and in fact, the underlying real problem, the growing deficit on the path to greece, the goal gets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the world that we have a solution and if it takes a few months to get there and higher taxes for a while, big deal, we will get there. that's got to be the plan not just the same nonsense. >> yeah, but larry, that's part of your point, but jonas says we're not in a bad recession, we're certainly not in a good recovery. and if we just keep falling little bit by little bit, maybe as much as jump off the cliff, but it's certainly a slippery slope. >> brenda, the damage is already being done. we saw it in november retail sales and companies delaying activit
FOX News
Dec 3, 2012 7:00pm PST
proposed raising $800 billion in revenue from tax reform, not higher tax rates, but the white house immediately slammed the offer and said it won't even consider it, and tonight speaker boehner responds to the white house response saying it's now up to the president to come up with a plan. congressman allen west joins us. good evening. >> how are you doing? >> greta: very well. the white house is unimpressed by the proposal from the speaker and the white house republicans. >> the white house needs to go back and do case studies whe. you look at presidents cool imagidgeand kennedy, they went % down to 24%. kennedy went from 91% down to 71% and they increased revenue. what we're talking about is not what the president of the united states is looking at with wealth redistribution. we're talking about wealth expansion and economic growth and sound economic policies to do that. if you want to continue to believe that 250,000 dollars makes someone rich, you're going to crush these small businesses owners that operate a subchapter s llc using their own personal income bracket. it will affe
FOX News
Dec 2, 2012 3:00pm PST
tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal before we bring in the new year with a round of tax increases for all of us? we will ask the two men at the center of the negotiations where we really stand. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >> hello again from fox news in washington. well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell his side of the story. you will hear from b
FOX News
Nov 30, 2012 4:00pm PST
. >> shepard: ha. there is a new normal cindy. that's thanks to that giant check. taxes will take a big chunk of the winnings of course. the family will still walk away with more than $136 million. mike tobin live in our midwest newsroom. mike, do we have their address so we can drop by? >> sure, yeah. they were hoping you could come by for tea. the hill family is just trying to get their arms around all of this sudden fortune. they are talking about different things they may do. they may go on a vacation. they are talking about charities to which they may donate without making a commitment. it's interesting. you heard from sons cody there who said his dad said don't say nothing as soon as they learned that they were the winners. then while texting with his sister-in-law, he learned that dad had already techno blabbed. >> i said well, dad, he doesn't want me to say anything, say anything? he said you have seen his facebook? [ laughter ] so i got my dad's facebook and i was like i think it's pretty safe to say the cat's out of the bag. >> and dad is kind of hinting, shep, that he wan
FOX News
Nov 30, 2012 6:00am PST
new taxes. that is the opening part of the deal. 50 billion in new stimulus spending. we already had a lot of backlash in stimulus in previous packages. this is interesting element here. new executive power to raise the debt limit. that is what caused so many of these discussions because they bump up against the debt limit and not be able to go back this. there is executive power plea to be able to do that without going back to confess. republicans are saying where is the balance? where is the spending cut side of the equation. the president said he wanted it to be a balanced deal. watch. melissa: so right now all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it is time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. melissa: republicans have made some nice, positive noises but they haven't put their plan on the table. so we're asking them, you know, what they have got. bill: so that sound you hear, america, is gridlock. mike emanuel is live on the hill. mike, safe t
FOX News
Dec 2, 2012 1:00pm PST
blaming each other nor the standoff with your tax bill riding on the out come. unless an agreement is reached by the end of the month, bush-era tax cuts will expire triggering a rise in taxes by an average of 5%. that means a middle-class family will pay $2,000 more in taxes and married couples would be hurt because of marriage penalty. it doesn't include the budget consequences. $55 billion would be cut from the pentagon and another $55 billion slashed from domestic programs. an estimated 2 million jobs could be lost pushing the economy back into a recession adding to the misery to those facing tough times by ending jobless benefits for the long term unemployed. steve is live in washington. where do we stand at this point? >> reporter: two sides did do something today. they appeared on the sunday talk shows but they haven't negotiated an actual deal. john boehner blasted the white house plan which was put forward last week. boehner says the president essentially wasted the last three weeks since the election with nonsense. >> the president is asking for $1.6 trillion worth of new rev
FOX News
Dec 3, 2012 10:00am PST
washington fights over taxes and spending, it dominates the headlines and we are getting a report on the potential climate deal that could have an impact on our economy. talks are going on about a climate treaty that could supersede current u.s. laws in some ways and impose mandatory limits on carbon emissions. president obama failed to get a cap-and-trade will pass in his first term. is he quietly planning a new carbon crackdown through other means? joining me now is lou dobbs, host of "lou dobbs tonight" on the fox business network. that was one agenda item he could not get through. cap and trade. even when the democrats controlled the house as well, they just couldn't get that through. what would he be doing through the united nations and he could do through the u.s. congress? lou: the efforts that he is undertaking here, so little is known about what we are discussing in qatar, at the meeting of the united nations we are talking about laying out a mission schedule through 2035. without any public discussion, there is nothing about it than a presidential debate, as you know. this
FOX News
Nov 29, 2012 3:00pm PST
of the automatic spending cuths and tax increases. chief white house correspondent ed henry is live with details. good evening, ed. >> tonight we have new details of exactly what treasury secretary geithner laid out to republicans in the big meeting earlier today is. the republican aides tell mike emanuel there was a lot of detail about the new tax increases. $1.6 trillion in new tax increases from the new rate, capital gain, dividends as well. new spending, starting with $50 billion next year. the white house is countering that is leftover stuff from the president american jobs act. not really spending. nonetheless, the republican aides on the hill saying this is a nonstarter to them. white house aide i just spoke to said that this is not new. this is the president's original budget framework going to september of 2011. they say inside the white house tonight the real problem is the republicans will not give in on new tax increases for the rich. so tonight we're still hopelessly deadlocked. >> optimism faded as tim geithner arrived on the hill ahead of christmas without bearing gif
FOX News
Dec 1, 2012 9:00pm PST
go over the fiscal cliff, are your taxes going up? you betcha. the f only question is how much. >>> sometimes cops get a bum rap. one nypd officer's random act of kindness might change the way you look at those guys in whetheblue. ♪ ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>> i think we ought to recognize this entire fiscal cliff is an artificial invention of washington created by people in the congress and the presidency and it can be broken down by them into a series of steps that can be taken without having to be rushed into one gigantic last-minute, little understood with no hearings one vote up or down. i think it's a terrible way to govern the united states. >> only one month to go before we dive off the fiscal cliff, but as former speaker gingrich right? is there an, easy solution? let's ask john brahmnick and fox news contributor and former pollster for president carter. thanks for being with us this evening. what is this fiscal cliff
FOX News
Dec 5, 2012 3:00pm PST
republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes, take us to brink of default again, i will not play that game. >> republicans held their own meeting with small business owners denying they're trying to punt. >> i'll be here and available at any moment to sit down with the president to get serious abouting the problem. >> they noted the president has not scheduled any meetings with the g.o.p. leaders in weeks. not offered any counterproposal to boehner's plan from last week. >> a balanced approach the president has been asking for. now we need response from the white house. >> reporter: they continue to insist the impediment to the deal is boehner's tax revenue is not enough. the holdup is boehner took a position the day after the campaign that said we are willing to bring in revenue but not increase rates. >> reporter: two summers a
FOX News
Nov 30, 2012 1:00pm PST
republicans get:. scrooged. >> every family will see their taxes go up january 1. i assume that does not sound too good like the lump of coal you get for christmas. that is a scrooge christmas. >>neil: the president taking republicans out for being the scrooge this christmas, but the villains, taxes will go up on everyone if they do not give in and hike them on the rip. the white house calling for $1.6 trillion in tax hikes upfront and $50 billion in new stimulus spending and speaker boehner is not impressed. >> they want to have this extra spending that is actually greater than the amount they are willing to cut. it was not a serious proposal. >>neil: consider that republicans should simply walk away from the talks. risks be damned and byron york on how that would play out. >>reporter: i don't think it would look good for conservatives, the accusation would be they dumped out after the president's very first offer. so it seems to me to make more sense for the republicans to make a counteroffer of their own making just as serious an offer as the president made, maybe they could offer
FOX News
Dec 2, 2012 8:00am PST
, not apparent for progress of this moment. the clock is ticking down. end the year for mandatory tax hikes set to kick in. welcome to new hour of "america's news headquarters." i'm eric shawn. >> i'm jamie colby. more talk of the miscall cliff is coming. house speaker john boehner in an exclusive interview with "fox news sunday" saying, "we're nowhere" in fiscal cliff talks with democrats. treasury secretary tim geithner saying and telling chris wallace republicans must accept the tax hikes for the wealthy to reach a deal. a deal is what we are after. peter doocy live in washington with more. peter, tell us first, speaker boehner -- the big problem right now with the white house proposal that was just presented. >> jamie, speaker boehner says he was flabbergasted when the treasury secretary geithner came to capitol hill and told him what the president wants. and this is why. >> the president is asking for $1.6 trillion worth of new revenue in ten years. twice as much as he has been asking for in public. he had stimulus spending in here that exceeded the amount of new cuts he was will
FOX News
Nov 30, 2012 10:00am PST
emergency, just in case. this is not acceptable, to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. right? that doesn't make sense. megyn: but some house republicans are describing the latest offer from the white house as absurd. they say the president ran on a platform to raise rates on top earners. that would amount to about $800 billion in new tax revenue they say he's now asking for double that amount, close to $1.6 trillion in new taxes. republicans also argue he calls for a balanced approach but asking for about four times as much in tax hikes as there are in possible spending cuts, all of which on the spending cut front would come later: possible spending cuts, all of which on the spending confront will come later. he also wants to permanently do away with the congress approves debt limit, effectively giving himself a blank check to add as much the sequence to a national debt that already stands at $16 trillion. moments ago, speaker of the house speaker boehner saying that the democrats plan is not going to fly. >> the whit
FOX News
Dec 7, 2012 3:00pm PST
house to pass and make permanent middle class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> greg: speaker bane -- >> reporter: speaker john boehner not so optimistic. >> this is not a progress report, there is no progression to report. report. >> reporter: he blasted for not offering a counterproposal to his plan and they seemed more than ever going to stop the tax increase. economy shrugged off hurricane sandy to create 146,000 new jobs, nearly double what forecasters had said, job creation for september and october was revised downward by a total of 49,000. another 350,000 people were so discouraged in november they simply stopped looking for work and left the labor force, which is why the unemployment rate dipped to 7.7%. >> raising taxes on small businesses is not going to help our economy and it's not going to help those seeking work. i came out the day after the election to put revenues on the table. take a step toward the president to try to resolve this. when he is go
FOX News
Dec 1, 2012 1:00am PST
tim geithner offered the president's plan. it would raise taxes for high earning americans by $1.6 trillion over the next decade. that's on income, capital gains and dividends. also limit deductions for those folks. also return the estate tax to a whopping 45% for wealthy families. but on the spending front. there really isn't anything substantial on the table. nothing. the president basically saying i'm not going to cut much. and blank you if you don't like it. >> it's not just a bad deal. this is really an insulting deal. what geithner offered what you showed on the screen. robert e. lee was offered easier terms and he lost a civil war. they there not only no cuts in this, there is an increase in spending with a new stimulus. this is almost unheard of. i mean, what do they expect? they obviously expect republicans will cave on everything. now, i don't think president obama expects the republicans to cave. he wants them to oppose. believing the american people will become angry at the g.o.p. it's a political strategy putting the entire country at risk. many republics already said
FOX News
Dec 1, 2012 4:00pm PST
tax hostage because they refuse to let them go up on the wealthiest americans. >> people saying that the deal he offered doesn't look like a deal. steve is live in the washington bureau. is there any movement on either side. >> not much. a few republicans who are willing to talk about higher tax rev news but not higher tax rates. the president made a direct appeal to the public. the toy factory in pin pen. he urged congress to pass a bill and extend the era tax cuts for middle class only. >> congress could prevent a tax hike on the first 250,000, of everybodiy income. that means 98 percent of americans and nen percent of small businesses wouldn't see income taxes go up at all . even the wealthiest americans would get a tax cut on $250,000 of the income. democrats are pushing for a vote and it was approved by the secretary. >> and republican leaders what are their next move. >> they are sticking to their guns on the tax rate . they are reacting strongly to the plan that the president uned this week. house spheeker - on speaker boehner said it was not a serious proposal. it is an advan
FOX News
Dec 1, 2012 10:00am PST
. lawmakers are holding middle class tax cuts hostage. and senator orrin hatch accusing the president of pulling a bait and switch. listen. >> the the president said he wants a so-called balanced approach to solve this crisis, but what he proposed this week was a classic bait and switch on the american people, a tax increase double the size of what he campaigned on. billions of dollars in this stimulus spending and unlimited unchecked authority to borrow from the chinese. maybe i missed it, but i don't believe him asking for any of that during the presidential campai campaign. >> jamie: well, the developments are wii by the hour and our steve centanni is covering all of them. good to see you. >> you, too, jamie. one month until the fiscal cliff and appears to be little movement, but a lot of talk back and forth and the president used a campaign style appearance to appeal directly to the american people and pushed for immediate action to extend bush era tax cuts for everybody except the more wealthy americans. >> right now congress can pass a law that would prevent a tax hike on the first
FOX News
Nov 29, 2012 8:00am PST
they have somewhat of a mandate to increase taxes on wealthy as we all heard. you hear much less about cutting government spending. to make matters worse, citizens sense government waste, congress, especially senate where most members are committee chairman or subcommittee chairman are inate bias against cutting government spending. this is tom schatz. >> they don't want to give up power, jurisdiction or the money. it is also a lot easier for members of congress to run back home and say i'm fixing this problem by spending money. i'm not fixing the problem by solving the problem, and providing the benefits that people need. >> reporter: cutting spending and attending to constituent needs are often very much in conflict, jenna. jenna: we heard a lot of different strategies, haven't we, doug, the ways to tackle the debt and deficit. is there any alternative that really exists besides cutting government waste and spending? >> reporter: one potential avenue they could take would be to actually fall off the fiscal cliff. that would necessarily make the difficult choices that congress a
FOX News
Dec 4, 2012 1:00pm PST
? welcome, everyone, fox on stop of republicans folding fast when it comes to taxes. critics are saying they are taking away too much in leverage and essentially handing this whole deal, whatever happens on the fiscal cliff, to the democrats. here is what they considering, not only letting the top rate rise or finding an equal amount of taxes in other areas that would be the same effect. they considering a doomsday plan where house republicans would vote "present" on a bill that only extends the middle class tax cuts escaping blame for tax hikes on the 2 percent and wall street bigwigs are throwing in the towel and now calling the president's plan to hike taxes to the tune of $2.16 trillion double what originally called, credible. pore like incredible if you ask my next guests who are livid. michelle, what happened? >>guest: well, there is a reason why for some long the republicans are nicknamed the stupid party and the democrats are the evil party. there have been so many times the narrative that has been repeated over and over again where the republicans capitulate and rollover. what
FOX News
Dec 3, 2012 6:00am PST
it wouldn't surprise me if we do go over the cliff. they should pass an extension of all these tax cuts, make it clear they want to keep them for everyone including have much for the middle class. john boehner should say we passed this out of the house. let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think they would have to sit down and negotiate it. bill: kirsten before you address rich's answer, are you in camp "a" or "b." >> they don't have a deal. how can you have a deal when you don't have the republicans making a counter offer. they keep saying where is the serious offer, they want more in terms of cuts. but they haven't really made a counter offer. i find this stuff that the republicans are saying is being counter productive. we are flabbergasted, we laughed eight. what is the point of that. make a counter offer. >> i think they would argue the tax re
FOX News
Dec 5, 2012 12:00pm PST
series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls for a higher tax rate on earned income exceeding $250,000 and republicans say that would be a job killer. though are pushing for raise revenue by closing tax loopholes and deductions, something that the president says would not raise enough cash. wendell is live with more on the white house. how much much revenue would the president's plan raise by raising the tax rates for high earners? >> about $1 trillion the next 10 years from the rate increase. that is just part of a package that also includes limits on deductions and tax credits and aims to pull in a total of $1.6 trillion. republicans want to keep tax rates the same b end deductions and loopholes but obama says that will not get the job done. >> it is not possible to raise the amount of revenue required for a balance the package if all you rely on is closing deductions and loopholes. let me amend that. it is possible to do theoretically but it is not practical or
FOX News
Nov 29, 2012 10:00am PST
negotiations may be breaking down in washington's effort to head off a series of automatic tax hikes and spending cuts that will hit americans hard in the new year unless something is done to stop it. welcome to "america live," everyone, i'm megyn kelly. treasury secretary timothy geithner headed to capitol hill today, in fact, he's still there, meeting with congressional leaders on both sides of the aisle. but after his sit-down with the speaker of the house, john boehner, mr. speaker boehner came out and told reporter that is the treasury secretary offered no new substantive plan and would not address the issue of spending cuts at all. as we reported on this show yesterday, it is no longer clear that the white house even wants spending cuts in this initial deal. it wants solely tax hikes, or at least that's all that it's been talking about x that now -- that dichotomy -- is becoming a big issue. here's the speaker. >> two weeks ago we had a very productive conversation at the white house. but based on where we stand today, i would say two things. first, despite the claims that the
FOX News
Dec 4, 2012 6:00am PST
boehner and president obama. the different in dollars. the president wants $800 billion more in tax increases. the republicans want approximately more a trillion dollars more spending cuts. that's the difference between the two sides just in dollar terms. there is a difference between the two sides in terms of principle. the principle centers on higher tax rates, yes or no. speaker boehner many latest offer is raise $800 billion mostly from the wealthy by limiting deductions. the president says, no, don't want that. we want to tax the rich with higher tax rates on the rich. we have a dollar difference, a difference in principle. martha: we are hung up on ideology here. if you can get the money one way and it produces a long lasting change to the tax code which both sides say they want, what seems to be the problem? >> reporter: it's ideology. the president one the elect, he says he won it on taxing the rich. he want to win the debate. whether it's the best solutioner to the economy is an entirely different story. this is a political and ideological argument and we'll see who wins. m
FOX News
Nov 30, 2012 12:00pm PST
crew. the hill family went for the lump sum payment so their half of half a billion after taxes works out to be $136 million. million. >>shepard: pretty go. thank you, mike. have a great weekend. now we have a guy who won a jackpot in 2004 taking home $100 million before taxes. he says the family has already made some mistakes. steven, good afternoon. >>guest: good afternoon. >>shepard: what kind mistakes do you make after $100 million? >>guest: the first one is coming out too quickly before your ducks are in order. i am afraid cindy hail came out too early. a lot of things you have to take into account the no one knows what to do when you win. there are a lot of things you have to do looking back on it. >>shepard: theville toos are circling with history as your guide. >>guest: no question. if people are not on their front lawn now they will be shortly and the mail is already posted i guarantee. >>shepard: she wanted to get back did dearborn and get life back to normal. >>guest: that will not happen. that will not happen. >>shepard: i know because i looked at video, there were rough t
FOX News
Nov 30, 2012 8:00am PST
congress have just one month to prevent tax hikes and spending cuts that really could send the economy according to some right back into a recession. we are glad you are with us on this friday, everybody, i'm jenna lee. jon: i'm jon scott. president obama offering his opening bid to avoid the fiscal cliff but it's not going over well at all with republicans. house speaker john boehner saying no progress has been made in negotiations. mike emanuel is live on capitol hill now. what are the republican complaints, mike, and how are they pushing back at the president? >> reporter: senator john john cornyn who is a member of the rupp leadership says he thinks president obama wants to go over the fiscal cliff by proposing higher taxes, no spending cuts and no plans to save entitlements. with president obama going to pennsylvania today, the house republican whip, kevin mccarthy's office put out a video profiling a small business nearby in pennsylvania that would get hurt by a tax hike. >> i'm jerry gorsky from an engineering company. however good or bad we do is my income. this notion
FOX News
Dec 1, 2012 2:00am PST
republicans late yesterday courtesy of tax cheat geithner calls for the following: 1.6 trillion dollar tax increase, increasing rates on incomes over $250,000. 150 billion dollars in new public stimulus spending of which 50 billion would be spent next year. another extension in unemployment benefits, 30 billion. new power to raise the federal debt limit without congressional approval. in other words, an obama blank cheque. that is not all. he also wants the estate tax to be levied at 45% on inheritances a step even democratic senators are balking on this current is 35%. the obama offer contained no serious cuts, no serious reforms to entitlement programs and no serious proposals of tax reform this president had the gall to count savings more than one billion dollars from ending wars in iraq and afghanistan no one has proposed war spending over the next decade that includes cuts to domestic programs agreed to last year, fuzzy washington math. what this is obama's propose last year which received zero votes in the house or senate this is disguised as a so-called compromise offer.
FOX News
Dec 2, 2012 8:00pm PST
. >> tont on huckabee. republicans say the president will not budge. raising tax instead of a balanced approach instead of cutting spending is wrong. >> is the president serious about avoiding the fiscal cliff allen webb resphond. >> my homeowner insurance offered me $150 what can i do with that? >> they lost the home and business and sense of security. victims of super storm sandep ho on how they are coping. >> who can throw their hate in the ring for 2016. ladies and gentlemen. our guest host tonight dana preno. [ applause ] ♪ >> welcome to huckabee. i am dana pereno and i want to thank governor huckabee to have me guest host. it is it a month since the presidential election and half of the country is elate vindicate they voted for president obama and walking on cloud 9. the other half not so much. they are confuse despondant and sleepless. they wonder if the nation has gone mad and want to return to common sense not another four years on fantasy island. we are taught as kids to be good sports man and not gloat and give the other side high 5 and say good game. have we seen
FOX News
Dec 1, 2012 1:00pm PST
one month to come up with a plan to stop the across the board tax hikes and the major federal spending cuts from taking effect. i'm gregg jarrett. >> heather: i'm heather childers. some of the early optimism for a deal seems to be fading. steve is live in washington with more. >> reporter: one month away from that so-called fiscal cliff. there appears to be very little movement toward any kind of deal. president obama is using the bully-pulpit to appeal to the american people to push for immediate action to push the tax cuts for everybody except for those earning more than $250,000 a year. in his saturday address, he stressed the urgency of the situation. >> if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle-class family of four will see income taxes rise by $2200. we can't let that happen. a families can't afford it and neither can our economy. >> reporter: republicans led by house speaker john boehner says he should quit campaigning and take care of the business at hand. republicans say they
FOX News
Dec 6, 2012 2:00am PST
obama administration is ready to go over the so-called fiscal cliff if taxes are not raised. >> the administration prepared to go over the fiscal cliff? >> absolutely. there is no prospects in agreement that doesn't involve the raise going up on the top 2 percent. >> house speaker bane another a boehner and president obama have been talking by phone. not much progress was made. boehner says if he doesn't agree with the propose sal he has obligation to submit one of his own. >> the missing girl battling leukemia is safe and is being treated in new mexico. she was taken out of a hospital in phoenix. her mother took her. doctors are worried she could potentially get a deadly infection. the girl's father claims the hospital was to blame for a different infection which cost emily her right arm. he's refusing to tell police where she is in mexico. both parents could face criminal charges. >> shock, disgust and fear spread quickly on the campus of the university of -- one details the exact moment they realty lied they were in a major crisis. it reads subject emergency the shooter at the au
FOX News
Dec 5, 2012 11:00pm PST
california. next. ♪ ♪ >> greg: the california federation of teachers have a video taxing the hell out of the rich. the animation is aimed at kids. narrated by ed asner. i believe he played rhoda. smear the 1% as evil. roll tape, roll tapers. >> over time, rich people decided they weren't rich enough so they came up with ways to get richer. the first is tax cuts. they said why should i care about other non-rich people. i can hire teachers, safety, waste disposal people to work for me for less money than taxes cost. i can do the rest of my taxes for me. >> greg: adorable. here is where it gets delightful. >> schools, public safety, the roads, parks. libraries. public transportation. all in decline. rich people didn't care. they said get what they deserve. ordinary people wonder why rich people needed so much money. the 1% said don't worry. this is good for you, too! because it will trickle down from us to you. >> greg: ah, yes. is there any better lesson for your kids than saying the rich pee on the poor? you know it's bad when shanghai has more in common with traditional values than calif
FOX News
Dec 4, 2012 3:00am PST
$800 billion through tax reform and mandatory spending cuts. the white house said that the republican proposal falls short of what the president wants and cannot be taken seriously. >> we understand they don't agree with everything but we have not seen alternatives for them and they spoke about the need for revenue and that acknowledgment is welcome. but thus far republicann leaders are adament don't believe rates should go up on the top two percent of the american people. the american people disagree. rates have to rise and the republicans need to acknowledge that. >> that's the major difference between the two sides. tax hikes for the rich x. republicans want tax reform and eliminate deductions and closing the loop holes. the president said on twitter, there can't be tax cuts at the rich at the expense of domestic programs. >> the biggest problem with president obama is he is a small-pinded president in big times . he talk about 35-39 that doesn't get us out of debt. >> that is tough rhetoric for senator lindd say graham. the president will meet with governors and represe
FOX News
Nov 29, 2012 2:00am PST
what they would be willing to cut to make sure your taxes don't go up. plus, it isn't a wild safari, this is staten island. how these two pulled off the greatest scape. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. this bible changed the world. i'm kirk cameron. four hundred years ago our forefathers risked their lives to bring this bible to the shores of america. because it contained the principals for economic liberty, political liberty and religious freedom. the 1599 geneva bible. it was the first complete english translation, complete with chapters, numbered verses and 300,000 utterly unique study notes. it actually came out before the king james version and because the government didn't authorize it, it was outlawed. but it was a bible by the people, for the people, the book that built america. and now for the first time in 400 years it's available again in a beautiful leather e
FOX News
Dec 6, 2012 2:00pm PST
. >> interesting outfit. >> my gosh! >> eric: yes, the dreaded fiscal cliff. tax hike, spending cut and sequestion ration, whatever they are. belly flop the economy at once. comfortabling the know that d.c. is on top of it all. alex simpson, former senator and the guy that everyone thinks is a lifeguard at the fiscal pool. ♪ ♪ >> eric: okay, beckel is gangnam style. good to know we're in good hands but get serious, folks. >> any word from karl rove? >> despite what we're telling you, it's over. romney lost. >> i guess it's time i explain, the good people, the upcoming fiscal cliff. >> the economy is the car and rich sman a driver. don't give the driver many. they will drive you over a cliff. just common sense. >> eric: not exactly. the only way to save the republic is for us to let the president go off the fiscal cliff. taxes will go up. but mandatory spending cuts get enacted. that seems to be the only way dems will cut a dime. let's save the place for the kids. do you agree? >> greg: i do. >> bob: i think you're crazy. >> greg: funny that bob and i agree but for different reasons. fiscal cli
FOX News
Dec 3, 2012 3:00pm PST
cut and tax increases that both sides mean would mean recession. after what both sides called a frustrating weekend. today's development don't appear to break a log jam. not yet. ed henry begins our coverage. >> reporter: good evening. they are saying the plan is ridiculous, so much so they will not offer counterproposal to the g.o.p. counterproposal and say tonight unless speaker boehner gives in on raising taxes on the rich, the president is ready to go off the cliff. >> right now i'd say we are nowhere, period. nowhere. >> john boehner declaring a stalemate in an exclusive with fox, as republicans teed off on president obama first offer that included new spending plus 1.6 trillion in tax hikes. totally unacceptable. >> i think we are going over the cliff. it's clear to me they made political calculation. white house officials insisted disaster could be amended and demanded a counter offer on the table. >> what we hope for is specificity from the republicans. >> an hour later, boehner did that. oftenning $800 billion in new tax revenue without raising rates. half what the pres
FOX News
Dec 3, 2012 11:00pm PST
about that next on "the five." ♪ ♪ ♪ ♪ >> eric: 29 days until taxes jump and spending on everything from defense, medicare and farm suddies are slashed. geithner and bane spinning away on the sunday talk circuit. i'd roll the video but we prefer you stay awake for the segment. listen to rush limbaugh shed some light. >> why would he want to go over the cliff? what happens when we go over the cliff? democrat orgasm happens. taxes go up for everybody. nirvana to these people. >> eric: i will disagree with rush. it's good for the g.o.p. to call obama's bluff. one or two results will follow us over the cliff. we go back to recession. that will hurt but the economy will roar back. maybe, just maybe, zombies for obama will realize he has no clue when it comes to the economy. or we don't double dip to the recession. and the debt dissolves to pay the way for the 2016 conservatives. take your chance and take medicine now. over the long run, better for the economy. >> kimberly: call his bluff. be strong at the negotiating table to make sure you can do what is best in interest of the country.
FOX News
Dec 7, 2012 12:00pm PST
wealthiest americans must pay more taxes because it is going to hand. if it doesn't happen he will veto it. mike, the speaker boehner sounded, publicly, sounding frustrateing. >>reporter: he accused the president of slow walking the economy right to the edge of the fiscal cliff and says if the president got the tax increase he wants the country would be facing trillion dollar deficits. >> this isn't a progress report because there is in progress to report. when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another week. >>reporter: he calls officials saying they are ready to go over the trip. >>shepard: democrats insist that revenue, revenue, revenue is the key. >>guest: president obama campaigned on it and obviously won and democrats insist upper income americans should pay higher taxes but there could be room to negotiate but their point is they don't want to talk about other aspects of a deal until the g.o.p. gives in on their demand for more tax money. >> what is lacking are the revenues. we cannot cut your way to deficit reduction. what reduc
FOX News
Dec 2, 2012 4:00pm PST
taxes and spending cuts. and, one of the busiest forces in the world is in los angeles and there's a good chance something in your home once passed through here. now, union workers hitting picket lines, refusing to work until they get what they want. fox reports. the potential economic fallout on the rest of us from a union fighting to survive. and some less than bright criminals caught on tape. they're trying to steal gas from a golf course, but something they didn't plan on keeps them from make ago fast get away. the video you just have to see. i'm harris falkner, tonight, both republicans and democrats digging in deep for what could be a long fight that ends in a self-induced economic calamity. the fiscal cliff now less than a month away. and falling off the cliff could spell trouble in the form of higher taxes, higher unemployment and recession, so analysts tell us. as we approach the edge, a compromise appear object out of reach. and timothy geithner headed up negotiations for the obama administration says the deal will be hard to come by without tax hikes for higher income amer
FOX News
Nov 29, 2012 3:00am PST
. i am personally kind of disappointed that bee are talking about tax rates for the rich. >> steve: campaign. >> brian: what about the middle class people standing in the back drop as they need a break and the president urging for something to be done yesterday and there is no scheduled meetings with john boehner. >> gretchen: it is annoying to see just a campaign. how many people are tired of a campaign speech. why not come to the table and figure it out. i don't understand it. >> steve: at this point, both sides know what they will give up. what their concessions will be. they don't want to go first. we are 33 days away from the official fiscal cliff and sailing off of it . in the washington post they describe a sense much gloom descending over the capitol, bowles meet and he sees one and three chance of an agreement before january. but mr. bowles had met with the president the day before and president had flexibility about that higher tax rate. he wants 39.6 percent. maybe he would take 36, seven,. >> brian: or raise the thres hold. >> gretchen: why would the president be in a n
FOX News
Nov 29, 2012 10:00pm PST
class tax cuts. >> i think it's important congress act now, i mean right now. >> they're still not paying they're fair share? the people working have to pay even more in order to cover the incompetent errors by the spenders over all these years. >> greta: former speaker of the house newt gingrich joins us, author of the book "victory at your town." why are you telling house republicans to, quote, get a grip? >> i think this whole fiscal cliff language is designed to maximize a sense of fear that's nonsense. the very same people, the congress and president, who invented the fiscal cliff -- this is all an invention -- could break it down into 12 foothills. there are 15 foothills, or 20 foothills. they could tackle one problem at the time. i agree with what i understand senator jeff sessions has said, and i think he'll be on your show later, this ought to be out in the open. we're rushing toward a secret deal made in secret meetings where nobody will know what's going on, and then people will be told, boy, if you don't vote for this, we'll go over the cliff. well, i think there are a
FOX News
Dec 4, 2012 3:00pm PST
is fairy dust. >> they blasted the debt proposal and vowed unless republicans give in on the tax rates, president obama let the nation fall off the fiscal cliff. >> republicans need to acknowledge reality here. rates have to go up. earlier in the presidency, obama warneded it could hurt the economy. >> the nation is no longer in recession. and american manufacturing contracted in november for the first time in three months. the president is concerned enough that he proposed tens of billions in new stimulus spending in the debt talks. >> what is the justification for raising taxes? >> the fact of the matter is that it's vitally important that we extent and the president's view make permanent tax cuts for 98% of the american people. >> the president would like to see it done tomorrow and would sign it right away. >> they will put for ending deduction and closing loopholes. >> republicans move a great deal. who was the first person after the election was the speaker who went down and provided the re-knew. >> they blasted the proposal to limit deductions to tell bloomberg television
FOX News
Dec 6, 2012 10:00am PST
billions of our tax dollars on securing their networks. we're going to go after somebody who works outside, somebody who has access to internal resources. it's called a u-turn attack. what they do is they find that weak link such as a home computer or a personal computer belonging to a former admiral or cia agent, and they attack that. they get access to that, and then they use their vpn connection inbound to get access to the same resources he would have access to or she would have access to based on their security level. megyn: because we're hearing more and more of this. they say the fbi's looking into -- it's not just admiral mullen. apparently, there have been several hacking attempts, some successful, mom not, on -- some not, on former officials who work on their potential computers. but in the case of admiral mullen, it was on the grounds of the u.s. naval academy, but that doesn't matter. they break into the computer from, you know, around the world. it's not like they have to sneak on to the naval academy to access his computer, it's just that his computer is, i guess, mor
FOX News
Dec 2, 2012 9:00pm PST
business, because of what's goingn with our economy, that really tears my heart up. tax me, i don't care. >> you don't care if you pay more taxes. >> i pay hugh month -- the more money the congress gets, the more may they -- >> i got to see it doing some good. you have a foundation, i have a foundation. we give a lot of money privately to charity wes know, like the wounded warriors, we know they do -- chuck, thanks for coming. >> thank you, bill. >> would you call yourself a consecutive now? >> i've been conservative. on -- because of the position that we're in right now. >> financial position. >> certain financial, and i always said if you're going to wear the badge that we've earned of sheriff of the world. then you better act like wyatt earp. >> that puts you in aminority in hollywood. there aren't some actors they say they're conservative, they won't work. >> being a hypocrite here because i don't like when actors talk politics. >> we never hear you talk politics. >> i don't but i'm on the o'reilly show. >> why don't you like actors that talk about politics. >> because they haven't g
FOX News
Dec 4, 2012 2:00am PST
fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders have been adamant they don't believe rates ought to go up on the top 2 percent of wealthiest americans. the american people overwhelmingly disagree. the rates have to rise and republicans need to acknowledge that. >> the major difference between the two sides is over taxing on the rich. obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans. >> this president, i think the president with president obama he's a small minded pres
FOX News
Dec 7, 2012 10:00am PST
back to the clinton tax rates and never honored the sunset provisions of the bush tax cuts was because the president continued to give republicans what they wanted, time and time again. he's compromised so much that a lot of progressives are a little upset that he's compromised so much. alisyn: the fiscal cliff in particular. >> we got to the fiscal cliff because you had a bunch of republicans who wanted not to work with this president. now you've got republicans all of a sudden saying they are not going to take tax pledges like grover more question is wants, they are open to revenue enhancement. if they had said that two years ago or one year ago moody's wouldn't have lowered the pwhopbd ratinbond rating of the united states. they've created such uncertainty. alisyn: now that we are at the 11th hour where do you think we are now. >> i know that alan hasn't had a lot of private conversations with republican lawmakers, but take it from somebody who has. >> you don't know. >> these guys feel he will feel stymied, frustrated. they are not in the door. it's not even about compromis
FOX News
Dec 2, 2012 6:00pm PST
on with our economy, that really tears my heart up. >> tax me. i don't care. >> you don't care if you pay more taxes? >> i pay a hue mownineying gus amount -- humongous amount of taxes. >> so do i. >> you do, too. >> if it would help i wouldn't mind it. the thing is it will not help. the more money congress gets the more they spend. >> i have to see it is doing some good. you have a foundation i have a foundation. we give a lot of money privately to wounded warriors fisher house the people we know do good. >> chuck thank you for coming. good to see you beguagain. >> thank you, bill. >> would you call yourself a conservative now? >> i have become conservative because of the position we are in right now. >> financial position things like that. >> certainly financial. i have always said you are going to wear the badge that we wear, the sheriff of the world. act like wyatt earp. >> that puts you in a minority in hollywood. >> there is a fear out there with some actors who aren't as accomplished as you are afraid to say they are conservatives. >> i don't usually talk politics. i am on
FOX News
Dec 4, 2012 4:00pm PST
? >> shepard: jonathan hunt wrapping our coverage from the united nations. well, 28 days to go until tax cuts expire for most americans if president obama and congress can't cut a deal to keep us from going off the fiscal cliff. the president says the latest republic offer is out of balance because it extends tax cuts on income of above $250,000. g.o.p. leaders claim they can raise revenue without raising rates by closing loopholes and limiting deductions. but the white house says it's about the rates. ed henry is at the white house tonight. the president claims the republic math does not add up. >> that's right, shep. he met with the nation's governors today. he said behind closed doors that there is a lot at stake not just for the national economy but state by state. some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual l
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